Dagan Lacorte: Why a deficit bond is wrong for Rockland

5:13 PM,
Mar. 27, 2013

Dagan Lacorte

Written by

Dagan Lacorte

Property-tax payers are stretched to the max by a 100 percent increase in property taxes imposed by the Rockland Legislature and county executive over the past few years. The current proposal to radically increase the county's debt with a deficit bond will only further strain the county's finances and saddle property-tax payers with the costs of Rockland County's disastrous fiscal decisions for years to come. The state Legislature should reject the proposal.